cyber fraud | Business Upturn

Mumbai cops successfully stop a ₹44-lakh cyber fraud on time

Aryan Jakhar — Sun, 25 Dec 2022 02:41:58 +0000

A ‘man in the middle attack’ type of cyber scam was foiled by Mumbai Police on Saturday, who stopped a fake online banking transaction worth ₹44.43 lakh.

A’man in the middle attack’ is a sort of cybercrime in which a fraudster intercepts and distributes internet messages (such as emails) between two parties who believe they are speaking directly.

According to a crime branch official, cyber fraudsters were able to slip in between the director of a Mumbai-based textile company and his partner company’s communication.

According to him, the anonymous fraudster supplied incorrect bank account details via net banking, resulting in the ₹44.43 lakh transaction.

However, the company director realised that the account number was wrong and notified the cyber police 1930 helpline.

The cyber police approached the bank and halted the transaction, according to the official, who added that this was only possible because the complainant approached police without wasting time.

After Asha Bhosle and Farah Khan, Esha Deol’s Instagram account hacked

Shreya Varanasi — Sun, 10 Jan 2021 10:55:57 +0000

Bollywood actor Esha Deol is the latest celebrity victim of cyber fraud. The fraudster has been targeting many Bollywood celebrities over the past month. Esha took to her Twitter on Sunday to announce that her Instagram account has been hacked.

She tweeted, “This morning my official Instagram account imeshadeol got Hacked, so please don’t reply to any msg if you received any from my Instagram account. Sorry for the inconvenience. Insta Id: imeshadeol.”

This morning my official Instagram account imeshadeol got Hacked , so please don’t reply to any msg if you received any from my Instagram account. Sorry for the inconvenience.
Insta Id : imeshadeol pic.twitter.com/AbLg79WxIY

— Esha Deol (@Esha_Deol) January 10, 2021

She shared the screenshots of the DM she received from the hacker. The message read, “A copyright violation has been detected in a post on your account. if you think copyright infringement is wrong, you should provide feedback. Otherwise your account will be closed within 24 hours. You can give feedback from the link below. Thank you for your understanding.”

Last week, Riteish Deshmukh also revealed that his account almost got hacked but he saved it. He tweeted, “Beware of the new Cyber Fraud- for all @instagram users. I received a similar DM but fortunately I didn’t not click the link. @MahaCyber1″

Over the past month, many celebrities have fallen prey to cyber fraud. The list includes filmmaker Aanand L. Rai, actors Vikrant Massey and Urmila Matondkar, choreographer-director Farah Khan, singers Asha Bhosle and Ankit Tiwari and others.

Daughter of Pallonji Shapoorji Mistry loses Rs 90,000 in cyber fraud

Chittesh Dalmia — Wed, 23 Sep 2020 08:42:38 +0000

Laila Rustom Jehangir, one of the two daughters of billionaire lost Rs 90,000 in a cyber fraud between June and July from her bank account. Pallonji Shapoorji Mistry, owns one of the biggest business conglomerates in India, the Shapoorji Pallonji group.

An FIR has been registered at Colaba police station under section 420 (cheating) of Indian Penal Code and 66C (identity theft) and 66D (cheating by personation by using computer resource) of Information Technology Act against unidentified suspect.

According to Colaba police station, Laila, who resides in Dubai, had authorised her father Pallonji Shapoorji Mistry to manage the account on her behalf. In 2018, Mistry authorised his company director Firoz Bhatena to look after all financial activities of Laila’s account. Bhatena, in turn, had entrusted the account to company’s deputy general manager (accounts), Jayesh Merchant.

A police officer from Colaba police station said, “Jayesh Merchant, who registered the complaint, said that on July 1 and 2 he received SMS alerts of withdrawal of money from the account of Laila. When he checked with the bank he was informed that around Rs 90,000 were spent or withdrawn in multiple transactions using a debit card in June/July months.”

“Merchant, who told the bank manager that there was no debit card issued on this account, was in for a shock when he was informed that a debit card was issued in the name of company director Bhatena in 2018, and the card was couriered to the company’s Colaba office. The same debit card was used to withdraw money. Merchant told Bhatena about the development who told him that he was not aware of any debit card being issued, following which a complaint was given,” added the officer.

The police in its preliminary investigation have discovered that the card was used multiple times, once at one, Lucky Restaurant, and once at a cake shop, New Arife Lamoulde.

Source: Hindustan Times